Bilateral Relations

US imposes new sanctions against Russia and expels ten diplomats

RT – US President Joe Biden signed a decree on Thursday, imposing a new round of of sanctions on Russia. They target more than 30 individuals and organizations. The White House also moved to expel nearly a dozen of Moscow’s diplomats

The move, which the White House says is in response to alleged interference by Moscow in the 2020 US Presidential election, will see American companies banned from directly buying shares in Russia’s national debt. The Kremlin has consistently denied that it made any attempt to meddle in the contest, in which Biden defeated former President Donald Trump.

Earlier this month, the country’s Deputy Foreign Minister Alexander Pankin warned that the US may resort to attacking bonds as part of “a deliberate calculation to create a toxic atmosphere around Russian securities in order to reduce their investment potential.” He added that Moscow was already working to create a battle plan to limit the effect such sanctions would have on the economy.

Source
RT
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